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HP Rethinking Wisdom of Spinning Off PC Division
bdking writes "After signing off on former CEO Leo Apotheker's proposal to spin off or sell HP's personal computer unit, the company's braintrust is reassessing the wisdom of dumping a division that contributes nearly 30% of revenue and holds together a valuable supply chain."
HP appears concerned not so much for the revenue generated by PC hardware, but instead by access to various distribution and supply channels. It seems that just announcing a spin-off has affected their access to retail distributors.
Thats what happens when mbas take over running of corporations. Everything is geared towards teaching of maximizing profit minimizing costs in those programs in ultimate end, and even if some programs incorporate engineering concepts like systems management and so on, the mba types eventually lack on strategic planning and vision.
flop. thats what you get if you hire too much suits or put them in charge.
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I recommend looking at who's currently on the board at HP. It explains everything. There's a ridiculous number of hedge fund managers and similar type people. They've only got one real HP person on the board and that person is from enterprise marketing or something like that. No one on the board understands their products or what they do except possibly this marketing person.
You would think a company like HP would have at least a few people who've run tech companies on their board.
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They really ought to experiment with outsourcing the board of directors to a call center somewhere.
It would't necessarily generate better leadership; but 8-12 incomprehensible guys allegedly named "Robert" somewhere in the far east would provide incomprehensible decisions and inconsistent directions for several factors of ten less money...
I always had a rule when purchasing PCs. Now, this rule has since lost much of it's impact, since one of the manufacturers went poof, and the other two merged -
Never buy a computer with PACK/PAQ in the name. At the time, this included Hewlett Packard, Compaq, and Packard Bell
Although losing much of it's impact, the rule still stands (at least for me)
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